Cassa di Risparmi di Livorno
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Native name
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Cassa di Risparmio di Livorno |
|---|---|
| Subsidiary of a listed company | |
| Industry | Financial services |
| Fate | merged into C.R. Lucca Pisa Livorno |
| Successor | |
| Founded |
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| Defunct | 30 June 2006 |
| Headquarters | 21 Piazza Grande, Livorno, Italy |
| Owner | Banca Popolare di Lodi (indirect) |
| Parent | Cassa di Risparmio di Lucca (100%) |
Cassa di Risparmi di Livorno is a former Italian regional bank and charity organization, based in Livorno, Tuscany. In 1992 the organization was split into a limited company (società per azioni) and a banking foundation Fondazione Cassa di Risparmi di Livorno (currently Fondazione Livorno).
The S.p.A. was sold to Banca Popolare di Lodi, which was completed absorbed into the saving bank of Lucca, Pisa & Livorno in 2006 (along with fellow saving bank in Pisa). Livorno Foundation, found 1992, still operates as a non-profit organization.
Cassa di Risparmi di Livorno was found on 4 April 1836. Due to Legge Amato, on 7 April 1992, the bank was split into Cassa di Risparmi di Livorno S.p.A. and Fondazione Cassa di Risparmi di Livorno (gazetted on 29 April). The foundation immediately sold about 52.25% shares of the company to an intermediate holding company Holding Casse Toscane (literally Tuscan saving banks), which was formed by the saving bank (Italian: Cassa di Risparmio) of Livorno, Florence, Lucca, Pisa, Pistoia & Pescia, San Miniato as well as Banca del Monte di Lucca. Livorno Foundation received about 3.46% shares of the holding, making the foundation indirectly have a minority interests in other banks, as well as just about 47.75% controls on its own bank directly, and about 49.6% combined.
In 1995, CR Livorno, Pisa, Lucca and Banca Monte Lucca quit the union and formed Holding Casse del Tirreno (literally Tyrrhenian saving banks). In 1999, CR Pisa, Livorno and Lucca were acquired by Banca Popolare di Lodi.
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